Nasn Intelligent Tech (Zhejiang) Co (HKSE:02261) Scaled Net Operating Assets: -1.22 (As of Mar. 2026)

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HKSE:02261 Nasn Intelligent Tech (Zhejiang) Co Ltd HKSE:02261
8 GF Score
Price HK$14.20
! 1 Warning Sign
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What is Nasn Intelligent Tech (Zhejiang) Co Scaled Net Operating Assets?

Nasn Intelligent Tech (Zhejiang) Co HKSE:02261 -4.18% 8 Scaled Net Operating Assets is -1.22 as of Mar. 2026. GuruFocus rates HKSE:02261 with a GF Score™ of 8/100. The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nasn Intelligent Tech (Zhejiang) Co's operating assets for the quarter that ended in Mar. 2026 was HK$898.9 Mil. Nasn Intelligent Tech (Zhejiang) Co's operating liabilities for the quarter that ended in Mar. 2026 was HK$2,544.2 Mil. Nasn Intelligent Tech (Zhejiang) Co's Total Assets for the quarter that ended in Dec. 2025 was HK$1,346.4 Mil. Therefore, Nasn Intelligent Tech (Zhejiang) Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -1.22.


Nasn Intelligent Tech (Zhejiang) Co Scaled Net Operating Assets Historical Data

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The historical data trend for Nasn Intelligent Tech (Zhejiang) Co's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nasn Intelligent Tech (Zhejiang) Co Scaled Net Operating Assets Chart

Nasn Intelligent Tech (Zhejiang) Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
0.00 0.00 -0.88 -1.88 -1.41

Nasn Intelligent Tech (Zhejiang) Co Quarterly Data
Dec22 Dec23 Dec24 Mar25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial -0.88 -1.88 0.00 0.00 -1.22

HKSE:02261 vs ORLY, AZO, GPC: Scaled Net Operating Assets Comparison

For the Auto Parts subindustry, Nasn Intelligent Tech (Zhejiang) Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nasn Intelligent Tech (Zhejiang) Co Scaled Net Operating Assets vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nasn Intelligent Tech (Zhejiang) Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Nasn Intelligent Tech (Zhejiang) Co's Scaled Net Operating Assets falls into.


HKSE:02261
8GF Score
Nasn Intelligent Tech (Zhejiang) Co Ltd HKSE:02261
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nasn Intelligent Tech (Zhejiang) Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nasn Intelligent Tech (Zhejiang) Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(879.819-2505.067)/1151.225
=-1.41

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1346.378 - 466.559
=879.819

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2521.31 - 4.041 - 12.202
=2505.067

Nasn Intelligent Tech (Zhejiang) Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(898.902-2544.172)/1346.378
=-1.22

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1295.52 - 396.618
=898.902

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2560.05 - 3.307 - 12.571
=2544.172

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of -1.22 mean?
Nasn Intelligent Tech (Zhejiang) Co (HKSE:02261) has a Scaled Net Operating Assets of -1.22 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nasn Intelligent Tech (Zhejiang) Co and its competitors.
Is Nasn Intelligent Tech (Zhejiang) Co's Scaled Net Operating Assets too high?
Nasn Intelligent Tech (Zhejiang) Co's current Scaled Net Operating Assets is -1.22. Overall, Nasn Intelligent Tech (Zhejiang) Co has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Nasn Intelligent Tech (Zhejiang) Co's Scaled Net Operating Assets compare to ORLY and AZO?
Nasn Intelligent Tech (Zhejiang) Co's Scaled Net Operating Assets of -1.22 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Vehicles & Parts company?
A good Scaled Net Operating Assets depends on the Vehicles & Parts industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Nasn Intelligent Tech (Zhejiang) Co and its competitors. Nasn Intelligent Tech (Zhejiang) Co's current Scaled Net Operating Assets is -1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nasn Intelligent Tech (Zhejiang) Co stock overvalued right now?
Nasn Intelligent Tech (Zhejiang) Co (HKSE:02261) has a current Scaled Net Operating Assets of -1.22. The current Scaled Net Operating Assets is -1.22. Nasn Intelligent Tech (Zhejiang) Co's overall GF Score™ is 8/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Nasn Intelligent Tech (Zhejiang) Co (HKSE:02261), the current Scaled Net Operating Assets is -1.22 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nasn Intelligent Tech (Zhejiang) Co Business Description

Address No. 1888 Xinjinqiao Road, 1-2 Floor, Building 9, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN
Nasn Intelligent Tech (Zhejiang) Co Ltd is engaged in research and development, production and sale of brake-by-wire and steer-by-wire solutions. Its product portfolio includes drive-by-wire solutions such as NBS, ESC, NBC, RBC, and EMB systems, supported by internally developed control algorithms and hardware and software. The majority of revenue is derived from the sale of NBC solutions, which are integrated products that support core functions including service braking, parking braking and vehicle stability control. Geographically, it generates the maximum revenue from the Chinese mainland.
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